COMMUNIQUÉ DETAILS

BUFFALO, N.Y.--(BUSINESS WIRE)--
The Board of Directors of Sovran Self Storage, Inc. (NYSE:SSS), a self
storage real estate investment trust (REIT), announced today the
Company’s quarterly dividend of $0.48 per share of common stock. The
annualized dividend
of Sovran Self Storage, Inc. is $1.92 per share which, based on
yesterday’s closing share price, equates to an annual rate of
approximately 3.0%. The dividend will be paid on April 26, 2013 to
Shareholders of record on April 12, 2013.

The Company also announced that its Board of Directors approved a new
dividend reinvestment plan through its transfer agent, American Stock
Transfer and Trust Company LLC. “We are pleased to be able to offer our
shareholders a convenient way to build on their investment in Sovran
Self Storage,” said Andy Gregoire, Chief Financial Officer.

The plan will be mailed to all registered shareholders with enrollment
information. Registered shareholders who are interested in participating
will need to return the enrollment form to the transfer agent or enroll
electronically at www.amstock.com.
Beneficial owners of shares of the Company’s common stock registered in
the name of a broker, bank, or other nominee, should contact the broker,
bank or nominee and request that shares are enrolled on their behalf.

About Sovran Self Storage, Inc.

Sovran Self Storage, Inc. is a self-administered and self-managed equity
REIT that is in the business of acquiring and managing self storage
facilities. The Company operates more than 460 self
storage facilities in 25 states under the name “Uncle Bob’s Self
Storage”®. For more information visit www.unclebobs.com,
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